{
  "id": 19670846,
  "title": "2027 budget should ensure fiscal discipline, direct investment towards productive enterprises and jobs – Deloitte",
  "url": "https://urgent.news/2026/11/12/2027-budget-should-ensure-fiscal-discipline-direct-investment-towards",
  "topic": "world",
  "section": "World",
  "published": "2026-11-12T15:47:50.000Z",
  "source": {
    "name": "MyJoyOnline Ghana",
    "slug": "myjoyonline-ghana",
    "url": "https://www.myjoyonline.com/2027-budget-should-ensure-fiscal-discipline-direct-investment-towards-productive-enterprises-and-jobs-deloitte/"
  },
  "original_language": "en",
  "account": "Deloitte Ghana has urged prudent fiscal discipline for the upcoming 2027 fiscal year. The professional services firm's pre-budget analysis, released ahead of Ghana's budget reading, emphasized that while real GDP grew by 6.0% year-on-year in Q2 2026, inflation stood at 5.5% in October, fiscal stability is essential for sustained economic health. The government's focus on a \"New Economy, New Ghana: Jobs and Prosperity\" suggests a strategic shift towards productive investments and employment creation. Deloitte expects that macroeconomic stability can be converted into tangible private-sector growth. The document noted that lower inflation helps firms with pricing and investment planning, but does not guarantee stronger demand across all markets. Tax administration should prioritize expanding the tax base and enhancing compliance rather than introducing new headline taxes. Deloitte highlighted that \"additional public investment will create lasting business value only when projects remove production bottlenecks. Funding alone is insufficient\", stressing the need for fiscal discipline. The firm noted that the government's proposal to reduce the primary surplus from 1.5% to 0.5% of GDP would free up budget room for new investments, but targeted spending is crucial for maximum returns. With unemployment among the youth remaining a significant challenge, public investment must focus on sustainable job creation. Initiatives like the 24-Hour Economy and Accelerated Export Development Programme aim to create 1.7 million jobs by the end of 2028, but their successful implementation remains uncertain. Deloitte's Country Managing Partner, Mr. Daniel Owusu, called for better compliance and enforcement in revenue collection and stressed the necessity of exploring viable funding options to complete pending infrastructure projects. He urged leaders to utilize the approved budget as an immediate input into their 2027 strategies, pricing, investment spending, and planning for desired economic outcomes.",
  "summary": "Deloitte Ghana has called for prudent fiscal discipline for the 2027 fiscal year. This call was contained in the professional services firm’s pre-budget analysis ahead of Ghana’s 2027 budget reading. The firm believes that while real gross domestic product grew by 6.0% year-on-year in the second quarter of 2026, and inflation stood at 5.5% in […]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}